How to Enter Purchases, and in Purchase entry there are 2 different 1 is Category and Product what are these and how to enter.

Dear Sir,

While doing the purchase entry you have 2 option 

1. You can do the entries product and service wise so your Inventory / Service wise breakup will be maintained. This mostly used if you want record of item wise what you have purchased.

2. In the category wise you will not be asked the item but you will asked the chart of account expense head (Like Purchase, Profession fees , Transport charges, Etc) You can select you appt head and do the entry. Item wise details will not captured in this method.

You are free to choose the method you want. You can also do entries in both for one single bill

Do let me know if you have queries

CA Alok Shah

9326074696